Three Texas cities among top ten for multifamily investmentsThree Texas cities among top ten for multifamily investmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=250292020-10-12T05:00:00Z2020-10-12T21:00:00Z

​​​​​​​​​AUSTIN – Three Texas cities have landed on CBRE's list of the top markets by multifamily​ investment in the last five years. ​

Since 2015, Dallas​-Fort Worth has pulled $2.8 billion in multifamily investment. It ranks fifth nationally in dollar ​volume.

Austin and Houston ranked ninth and tenth with $2.1 and $2 billion in investment, respectively. 

Global capital to the U.S. multifamily sector in the first half of 2020 decreased by 49.2 percent year over year to $3.1 billion. Second quarter volume, which fell nearly 90 percent, accounted for most of the decline so far this year.

Other cities in the top ten are:

  • No. 1 New York City, $10.6 billion in investment​​ volume;

  • No. 2 Los Angeles, $3.9 billion;

  • No. 3 Atlanta, $3.8 billion;

  • No. 4 Washington, $3.6 billion;

  • No. 6 Phoenix, $2.8 billion;

  • No. 7 Boston, $2.1 billion; and 

  • No. 8 San Francisco, $2.1 billion.​

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​Source: CBRE

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